Vroom reports Q4/FY2024 net loss, completes recapitalization, secures $25M credit line

Vroom, Inc.

2025-Q1 EPS reported $23.89

$(36.7)M and $(138.2)M net loss from continuing ops in Q4 and FY2024, respectively.
Adjusted EBITDA loss of $(18.2)M in Q4 and $(83.4)M in full year 2024.
Completed recap of convertible notes Jan 14, 2025; expects post-emergence tangible book value ~$150M.
Secured $25M line of credit in March 2025; cash & excess liquidity $57.5M at Dec 31, 2024.
UACC announced 17th securitization of $324M asset-backed notes, expected to close mid-March 2025.

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